Sold business 3449834
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Business NO.:
3449834
Status:
Active
Price:
$870,000
Plus SAV:
Yes
Updated on:
07/09/2025

Restaurant - Korean BBQ - Takeaway - Premium Korean BBQ Restaurant - Nets over $20,000 p.w. -Sydney CBD - W1960

Restaurant | Business for Sale | New South Wales

Restaurant - Korean BBQ - Takeaway - Sydney CBD - Agent SBX Code Number: W1960

Premium Korean BBQ cuisine restaurant with tabletop charcoal grills at each table. The menu features a wide range of grilled and BBQ meat such as marinated pork and beef ribs, beef brisket, soft tofu soup, crispy chicken, seafood pancakes, black bean noodles etc. Very large commercial kitchen (110 m2) with cool room and frozen room - . 250 comfortable seats inside over 3 levels. Liquor license until 1000 pm, The weekly takings shown is shop retail only without home delivery. All food material and ingredients are delivered by central kitchen owned by the vendor. First time on market after 17 years successful operation. - High margin, very popular, famous korean BBQ Restaurant in Sydney. Sales over $3 Millions per year.

Potential
Ideal for family business or partnership.Could add surrounding office towers, apartments home delivery. Motivated new owner family could save a lot of wages and increase profit.

Features
Prime location in CBD - Always crowded until late. - Luxurious and elegant shop fittings. - Well known for over 17 yrs. - The atmosphere is perfect. Premium Koran BBQ Restaurant over 3 levels.

Premises
3 storey luxurious modern shop fit out with a total area of 600 sq.mts.

Location
Situated in the heart of Sydney CBD

Trading Hours
7 days - 1130 am to 1000 pm

Lease
3 year lease from August 2025 + 3 yrs. option - 3 months bond - rent increases by 4% per year.

Employees
Fully under management - 6 full timers (cook chef included) + 12 part timers.

Comments
Each table has smoke exhaust duct underground gas system ( premium new system). - Motivated vendor. - Shop inspections only through your broker. Staff are not aware

Figures
Weekly Sales $76198
Rent (ex GST) $8769
Wages $21613
Profit $20970

Agent SBX Code Number: W1960 - SBX Business Brokers

For more details, please email broker or call agents.


Shop 8, 69 Kalang Road, Elanora Heights, NSW 2101